Shiba Inu (SHIB), one of the most popular cryptocurrencies, has come up with a new development. Shytoshi Kusama, the name behind the big meme coin, said the long-awaited Shibarium is “coming very soon”. Thus, it caused excitement in the market. Here are the details…
Shiba Inu inventor talks about Shibarium
Shytoshi Kusama, lead developer of the cryptocurrency Shiba Inu, stated that the highly anticipated layer-2 solution, Shibarium, is coming “very soon.” But he said he would not come during Christmas, which he referred to as “an important time for people to spend time with their families.” The tweet was enthusiastically received by many in the crypto community who were eager for the launch of Shibarium. Kusama also emphasized the importance of the coming year for humanity. He urged everyone to enjoy these few days leading up to 2023 together.
Earlier this month, as we reported on Kriptokoin.com, it also pointed to the “special countdown” posted by Shiba Inu’s official Twitter account. He apologized to anyone they may have misled with this tweet.
Please note that I am not responsible for every detail of Shib (i.e. website). So I applaud Trophias and his team for the new design and totally understand how the countdown could have been misleading. Although not in control of that, I apologize for any confusion. Stay tuned.
— Shytoshi Kusama™ (@ShytoshiKusama) December 20, 2022
No exact timeline for Shibarium
The countdown tweet sparked great curiosity and speculation among Shiba Inu fans. Because they thought this countdown would signal some important announcements like the release of Shibarium. However, the subject of the long-awaited announcement was the update of the website. This left many members of the community disappointed. Another developer, Trophias, also recently touched on the rumored launch of Shibarium.
He stated that developers need more time to launch new products or services. Because he emphasized that they should do this carefully and carefully. At this point, there is no timeline for when Shibarium will be released to the public, but the beta testing phase seems imminent.
SHIB ecosystem token BONE rises 10 percent
Meanwhile, Shiba Inu ecosystem token BONE has risen 10 percent in the last three days. Since the end of the workweek, the price of the ShibaSwap token has risen from $0.755 to $0.823 by December 25. Interestingly, as reported by WhaleStats, the day the price of BONE began to rise, the token became one of the most purchased assets by the top 500 Ethereum holders. In addition, BONE saw higher trading volumes on December 18 and 19, exceeding the standard values by 3 and 8 times. It is thought that the excitement around Shibarium is behind this rise in BONE.
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